StoryFunding
US Department of Defense awards Albemarle $90 million to support Kings Mountain lithium mine equipment and reopening
AlbemarleKings Mountain Lithium Mine
The US Department of Defense awarded Albemarle $90 million to support the purchase of mining equipment and the reopening of the Kings Mountain lithium mine in North Carolina. The funding aims to expand domestic lithium production, critical for US battery and defense-industry supply chains.